Mercosur Agreement G20

Other EU trade agreements with Canada or African countries may also be wrong, but the principle remains correct: trade, trade and cooperation instead of nationalism, isolationism and trade wars. Just as Jean-Claude Juncker is leaving his post as President of the European Commission and, after 20 years of waiting, the European Union has signed a free trade agreement with Mercosur – the so-called internal market, far from it, given the recurring differences in economic policy of its Member States, particularly between Argentina and Brazil, but also with Little Paraguay and Uruguay. The agreement follows a summit in Rio de Janeiro on 28 June 1999 that highlighted for the first time the intention to advance a free trade agreement. But over time, it seemed further and further away. The biggest problem has always been that of agricultural products, one of the competitive advantages of the Mercosur bloc – composed of Argentina, Brazil, Paraguay and Uruguay – and a particular point of friction for European farmers. Recently, France, Ireland, Belgium and Poland sent an official letter to Juncker expressing their «deep concern» about the impact on the European agricultural sector. Environmentalists also opposed the agreement, particularly in response to Bolsonaro`s skepticism about climate change. According to Tasso Azevedo, forest engineer and coordinator of the climate-not-for-profit greenhouse gas emissions estimation system (SEEG), «the new MAPA plan ignores or touches on the main challenges facing agricultural production, such as managing climate change and preserving soil and water… But the most incredible thing is that there is no evidence of deforestation. According to experts, the agricultural plan does not bode well for the ratification of the EU-Mercusor trade agreement. Although the size of the Mercosur bloc deserves Europe`s attention, the truth is that the more than 20 years of difficult encounters and the current change of power within the European institutions have left it unlikely that an agreement will be reached. So the question is how that was possible. There`s a strong sense of already seen. The Walloon Region of Belgium is trying to block the EU-Mercosur free trade agreement, as previously attempted by CETA, the free trade agreement between the EU and Canada.

But how bad is it? Macri and Bolsonaro can for now take control of another political victory. As the agreement enters a bureaucratic phase in which it must be subject to a legal review of stress and then adopted by the 28 Member States, the two South American leaders can focus their attention on the domestic policy front. For Bolsonaro, this is only the beginning of his presidency, with full levels of approval and threatening legislative power. Macri must now focus on the campaign before the PASO general election in August, where he is expected to be defeated. Related news Cristina, Alberto and the endless crisis Covid, crisis, coalition tensions: Alberto Fernandez first year at the office Argentina refuses to support the condemnation of the OAS venezuela vote 2020: do not look back]] > Carvalho, of the Eurasia group, mentioned another important factor that will be engaged in contract negotiations in the coming months: «The technicians of the EU , bureaucrats and politicians will be watching closely what will happen over the Christmas period in the Amazon region, which is just beginning.